E-commerce spending survey toped by UAE
Submitted by Faarooq Mehmood on Thu, 03/11/2010 - 21:08
As per the survey by MasterCard Worldwide, the highest average online shopping spend in the Asia, Middle East and Africa regions was in the UAE, with residents spending an average of $1,048 in the last quarter of 2009.
MasterCard survey finds Consumer confidence index in the UAE at 86.1
Submitted by Faarooq Mehmood on Wed, 01/20/2010 - 20:10
UAE market remained under intense pressure due to global slowdown and Dubai World's crisis, but now, the region has started showing signs of recovery, giving positive cues to rising demand in the international market.
Raghu Malhotra, Area Business Head, Middle East, Gulf Countries, MasterCard Worldwide added, "Consumer Confidence in the UAE has significantly increased and consumers appear optimistic about the future."
